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Real News, Real Time

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case
Posted inBusiness

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring
Posted inHealthcare

FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
India and Pakistan Agree to US-Mediated Cease-Fire
Posted inWorld

India and Pakistan Agree to US-Mediated Cease-Fire

USNN World Newsby USNN World NewsMay 10, 2025June 6, 2025
Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal
Posted inWorld

Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities
Posted inImmigration

Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’
Posted inSports

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker
Posted inSports

Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
US Could Hit Debt Limit in August, Bessent Says
Posted inNational News

US Could Hit Debt Limit in August, Bessent Says

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
Japanese electronics manufacturer Panasonic plans to terminate 10,000 workers globally as part of a reform to resolve “structural issues,” the company said in a May 9 statement. The layoffs target 5,000 Japanese employees and 5,000 overseas workers at Panasonic’s consolidated companies. Job cuts are set to be implemented mainly in fiscal year 2026, “in accordance with the labor laws, rules, and regulations of each country and region.” “The company will thoroughly review operational efficiency at each Group company, mainly in sales and indirect departments, and reevaluate the number of organizations and personnel actually needed,” said the statement. Story continues below advertisement Panasonic will also terminate loss-making businesses that have “no prospect of improving profit.” “Through these measures, the company will optimize our personnel on a global scale,” it said. The layoffs are part of Panasonic’s broader management reform. The company is banking on these measures in fiscal 2026 to “resolve its various structural issues.” Related Stories Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs 5/8/2025 Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report 5/1/2025 Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report The management reform seeks to improve profit by a minimum of 150 billion yen—roughly $1 billion—in fiscal year 2027 compared to fiscal 2025. For the current fiscal year 2026, Panasonic expects structural reforms to cost the company 130 billion yen, approximately $900 million. In an April 10 statement, Yuki Kusumi, the CEO of Panasonic Group, highlighted the need to change the organizational culture in the company. “There is a deep-rooted tendency toward following the established framework once a decision has been made. If we are going to improve the efficiency and quality of our work, then we must become an organization that is constantly changing, with each individual taking the initiative to make changes,” he said. “I believe we need to advance to the stage where change is considered a virtue. To achieve this, it is extremely important that we avoid being constrained by deeply ingrained behaviors.” The layoff announcement came on May 9 as Panasonic reported its consolidated financial results for fiscal year 2025, which ended on March 31. Story continues below advertisement Sales were at 8,458.2 billion yen, approximately $58 billion, down 0.5 percent from a year ago, which was partly due to the impact of deconsolidation in the company’s automotive segment, said the earnings report. Operating profit jumped 18 percent year-over-year, partly due to higher sales. According to Panasonic, the global economy experienced a gradual slowdown during the fiscal year ending March 31. For fiscal year 2026, net sales are expected to decrease, with operating profit also forecast to fall. Potential impacts of tariffs from the United States were not included in the forecast. “The company continues to monitor the tariff situation and aims to minimize the resulting impact by taking measures from both short-term and medium- to long-term perspectives,” Panasonic said. In January, Panasonic Well, a division of the company, announced a plan to create “the first comprehensive wellness ecosystem” for families. “Families are at their breaking point as chronic stress, disconnection, and fragmented wellness solutions are taking a toll, and the call for help is loud and clear,” the company said. Panasonic’s wellness solution is expected to aid families in dealing with wellness issues and “help modern families thrive.”
Posted inEconomy

Panasonic Announces 10,000 Layoffs Worldwide

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center
Posted inNational News

DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center

USNN World Newsby USNN World NewsMay 9, 2025August 20, 2025
FEMA Confirms Acting Administrator Hamilton Has Been Replaced
Posted inNational News

FEMA Confirms Acting Administrator Hamilton Has Been Replaced

USNN World Newsby USNN World NewsMay 9, 2025August 19, 2025
Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming
Posted inSports

Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025

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NATIONAL NEWS

  • ‘Yes There Is An Enemy Within’: Rep. Marjorie Greene‘Yes There Is An Enemy Within’: Rep. Marjorie Greene
    By Allen Zhong Rep. Marjorie Taylor Greene (R-Ga.) said Saturday that America is facing “an enemy within.” She singled out socialist “America Last” policies—apparently referring to the opposite ...
  • Trump Team Touts ‘Good and Cordial’ Meeting With Rep. McCarthyTrump Team Touts ‘Good and Cordial’ Meeting With Rep. McCarthy
    By Jack Phillips Former President Donald Trump held a meeting with House Minority Leader Kevin McCarthy (R-Calif.) on Thursday in Florida, said Trump’s team in a statement, while including a photo ...
  • Maricopa County Votes to Perform Forensic Audit of Machines Used in November ElectionMaricopa County Votes to Perform Forensic Audit of Machines Used in November Election
    By Tom Ozimek Maricopa County in Arizona will carry out a comprehensive forensic audit of its voting systems to allay concerns raised by some constituents about ...
  • Texas AG: Court Ruling on Biden’s 100-Day Deportation Freeze Shows ‘No One’s Above the Law’Texas AG: Court Ruling on Biden’s 100-Day Deportation Freeze Shows ‘No One’s Above the Law’
    By Zachary Stieber Texas Attorney General Ken Paxton on Wednesday celebrated the stay on President Joe Biden’s freeze of most deportations while encouraging other attorneys general to review ...
  • Halting Keystone Pipeline Is Good for Russia: Nikki HaleyHalting Keystone Pipeline Is Good for Russia: Nikki Haley
    By Tom Ozimek Former U.N. Ambassador Nikki Haley said Wednesday that the Biden administration’s axing of the Keystone XL oil pipeline project and what she said were moves to ...
  • Gabbard: Biden Should Denounce His Administration’s Effort to Take Away Civil LibertiesGabbard: Biden Should Denounce His Administration’s Effort to Take Away Civil Liberties
    By Gary Du Former Democratic presidential candidate and former representative for Hawaii, Tulsi Gabbard said in a series of tweets on Tuesday that John Brennans, the Adam ...
  • Advocates Fear Biden Policies Could Undo Trump-Era Protections for Religious LibertyAdvocates Fear Biden Policies Could Undo Trump-Era Protections for Religious Liberty
    By Janita Kan President Joe Biden’s first day in office was marked by a flurry of executive orders. Among those was an order addressing discrimination on the ...
  • California Officials Say the State’s Unemployment Benefits Fraud Could Top $11 BillionCalifornia Officials Say the State’s Unemployment Benefits Fraud Could Top $11 Billion
    By GQ Pan California may have sent out as much as $11 billion in pandemic unemployment benefits to fraudsters, officials said Monday. According to a press release (pdf), California’s ...
  • Trump Endorses Sarah Huckabee Sanders’s Bid for Governor of ArkansasTrump Endorses Sarah Huckabee Sanders’s Bid for Governor of Arkansas
    By Isabel Van Brugen Former President Donald Trump on Monday night publicly endorsed Sarah Huckabee Sanders in her run for Arkansas governor, saying she will “always fight” ...
  • 45 Republican Senators Vote Against Trump Impeachment Trial, Say It’s Unconstitutional45 Republican Senators Vote Against Trump Impeachment Trial, Say It’s Unconstitutional
    By Jack Phillips The 55–45 decision suggests that Trump will not be convicted in an impeachment trial. Forty-five Republican senators voted against holding an impeachment trial of former ...
  • Trump Creates ‘Office of the Former President’ to Advance US Interests, Carry on Trump Admin AgendaTrump Creates ‘Office of the Former President’ to Advance US Interests, Carry on Trump Admin Agenda
    By Mimi Nguyen Ly Former President Donald Trump opened an “Office of the Former President” on Monday that seeks to advance the interests of the United States ...
  • MyPillow Creator Could Run for Governor of Minnesota, Claims Trump EndorsementMyPillow Creator Could Run for Governor of Minnesota, Claims Trump Endorsement
    By Jack Phillips Mike Lindell, the inventor of My Pillow, said he might run for governor of Minnesota, adding that he was promised an endorsement ...
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